December 7 (SeeNews) - Romanian HR software start-up Nestor said on Wednesday that it will grow its sales and customer success teams to accelerate its expansion on newly entered markets after it raised $2 million (1.9 million euro) in a seed investment round led by venture capital firm Eleven Ventures.
Venture capital company Underline Ventures and angel investors from the U.S. San Francisco Bay Area also joined the funding round, Nestor said in a press release.
Nestor will continue to make product innovation investments and plans to introduce its smart career pathing module, which will help employees quickly examine what alternative career routes they can pursue and what skills they should prioritize gaining.
"We are thrilled to join Nestor’s journey to deliver an end-to-end people intelligence platform to support organisations worldwide" said Vassil Terziev, managing partner of Eleven Ventures.
Nestor is a Romanian HR software platform which uses predictive analytics and nudging automation to provide individual opportunities for people to grow in their careers. The company was established by entrepreneurs Bogdan Apostol and Raluca Apostol.
($=0.9527 euro)